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FTAI Aviation (FTAI Aviation) Cyclically Adjusted Book per Share : $12.89 (As of Mar. 2024)


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What is FTAI Aviation Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

FTAI Aviation's adjusted book value per share for the three months ended in Mar. 2024 was $1.765. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $12.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FTAI Aviation's average Cyclically Adjusted Book Growth Rate was -2.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-23), FTAI Aviation's current stock price is $80.845. FTAI Aviation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.89. FTAI Aviation's Cyclically Adjusted PB Ratio of today is 6.27.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FTAI Aviation was 6.44. The lowest was 2.03. And the median was 2.82.


FTAI Aviation Cyclically Adjusted Book per Share Historical Data

The historical data trend for FTAI Aviation's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FTAI Aviation Cyclically Adjusted Book per Share Chart

FTAI Aviation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 12.94

FTAI Aviation Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.18 13.28 13.07 12.94 12.89

Competitive Comparison of FTAI Aviation's Cyclically Adjusted Book per Share

For the Rental & Leasing Services subindustry, FTAI Aviation's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FTAI Aviation's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FTAI Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where FTAI Aviation's Cyclically Adjusted PB Ratio falls into.



FTAI Aviation Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, FTAI Aviation's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.765/131.7762*131.7762
=1.765

Current CPI (Mar. 2024) = 131.7762.

FTAI Aviation Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.412 100.560 8.402
201409 0.000 100.428 0.000
201412 8.359 99.070 11.119
201503 8.952 99.621 11.841
201506 16.101 100.684 21.073
201509 15.793 100.392 20.730
201512 15.403 99.792 20.340
201603 14.994 100.470 19.666
201606 14.519 101.688 18.815
201609 14.171 101.861 18.333
201612 13.912 101.863 17.997
201703 13.587 102.862 17.406
201706 13.157 103.349 16.776
201709 12.943 104.136 16.378
201712 12.499 104.011 15.836
201803 12.649 105.290 15.831
201806 12.416 106.317 15.389
201809 12.133 106.507 15.012
201812 11.867 105.998 14.753
201903 10.889 107.251 13.379
201906 11.655 108.070 14.212
201909 12.492 108.329 15.196
201912 15.330 108.420 18.632
202003 15.029 108.902 18.186
202006 14.281 108.767 17.302
202009 13.727 109.815 16.472
202012 12.574 109.897 15.077
202103 13.136 111.754 15.489
202106 11.997 114.631 13.791
202109 12.231 115.734 13.926
202112 11.334 117.630 12.697
202203 7.741 121.301 8.409
202206 7.044 125.017 7.425
202209 0.255 125.227 0.268
202212 0.188 125.222 0.198
202303 0.737 127.348 0.763
202306 0.909 128.729 0.931
202309 0.941 129.860 0.955
202312 1.748 129.419 1.780
202403 1.765 131.776 1.765

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


FTAI Aviation  (NAS:FTAI) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

FTAI Aviation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=80.845/12.89
=6.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FTAI Aviation was 6.44. The lowest was 2.03. And the median was 2.82.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


FTAI Aviation Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of FTAI Aviation's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


FTAI Aviation (FTAI Aviation) Business Description

Industry
Traded in Other Exchanges
Address
1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105
FTAI Aviation Ltd is a aerospace company .It owns and maintains commercial jet engines with a focus on CFM56 engines. FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. It invests in aviation assets and aerospace products that generate strong and stable cash flows with the potential for earnings growth and asset appreciation.
Executives
Adams Joseph P. Jr. director, officer: Chief Executive Officer C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Paul R Goodwin director CSX CORPORATION, 901 E. CARY STREET, RICHMOND VA 23219
Martin Tuchman director 633 PROSPECT AVE, PRINCETON NJ 08540
Eun Nam officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Washington State Investment Board 10 percent owner 2100 EVERGREEN PARK DR SW, PO BOX 40916, OLYMPIA WA 98504-0916
Scott Christopher officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kenneth J. Nicholson director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
A Andrew Levison director 124 WEST PUTNAM AVE, GREENWICH CT 06830
Judith A Hannaway director C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jonathan Atkeson officer: CFO and COO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Wesley R Edens director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Gp Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Worldwide Transportation & Infrastructure Investors Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105